HubSpot (NYSE:HUBS) Stock Rating Lowered by Wells Fargo & Company

HubSpot (NYSE:HUBS) was downgraded by investment analysts at Wells Fargo & Company from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Other equities research analysts have also recently issued research reports about the company. Truist Financial reduced their price objective on HubSpot from $300.00 to $230.00 and set a “buy” rating for the company in a report on Friday, May 8th. Wall Street Zen cut HubSpot from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Citigroup lowered HubSpot from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $321.00 to $230.00 in a report on Friday, May 8th. JPMorgan Chase & Co. lowered their price objective on HubSpot from $530.00 to $425.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Finally, BMO Capital Markets reduced their target price on shares of HubSpot from $285.00 to $230.00 and set an “outperform” rating for the company in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $308.32.

HubSpot Trading Up 3.3%

Shares of NYSE HUBS opened at $231.77 on Monday. HubSpot has a 12 month low of $169.63 and a 12 month high of $568.16. The stock has a 50 day moving average of $199.33 and a 200-day moving average of $242.76. The company has a market capitalization of $11.87 billion, a P/E ratio of 121.35, a P/E/G ratio of 2.45 and a beta of 1.22.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Thursday, May 7th. The software maker reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.47 by $0.25. The company had revenue of $881.00 million for the quarter, compared to analyst estimates of $863.32 million. HubSpot had a net margin of 3.04% and a return on equity of 5.66%. The company’s revenue was up 23.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.84 earnings per share. HubSpot has set its Q2 2026 guidance at 3.000-3.020 EPS and its FY 2026 guidance at 13.040-13.120 EPS. Analysts predict that HubSpot will post 4.39 EPS for the current fiscal year.

Insider Activity

In related news, Director Lorrie M. Norrington bought 1,313 shares of HubSpot stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $190.42 per share, with a total value of $250,021.46. Following the acquisition, the director owned 2,838 shares in the company, valued at $540,411.96. This trade represents a 86.10% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Erika Ashley Fisher sold 915 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $236.66, for a total value of $216,543.90. Following the completion of the transaction, the insider owned 16,270 shares in the company, valued at $3,850,458.20. The trade was a 5.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders purchased 14,063 shares of company stock worth $2,585,781 and sold 17,915 shares worth $3,654,114. 3.70% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Empowered Funds LLC boosted its stake in HubSpot by 88.5% in the first quarter. Empowered Funds LLC now owns 1,570 shares of the software maker’s stock valued at $897,000 after buying an additional 737 shares in the last quarter. NewEdge Advisors LLC increased its position in HubSpot by 12.1% during the 2nd quarter. NewEdge Advisors LLC now owns 4,788 shares of the software maker’s stock worth $2,665,000 after purchasing an additional 516 shares in the last quarter. Treasurer of the State of North Carolina increased its position in HubSpot by 4.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 23,754 shares of the software maker’s stock worth $13,222,000 after purchasing an additional 1,077 shares in the last quarter. Osterweis Capital Management Inc. bought a new position in HubSpot in the 2nd quarter valued at approximately $34,000. Finally, Alliancebernstein L.P. lifted its stake in HubSpot by 35.0% in the 2nd quarter. Alliancebernstein L.P. now owns 376,076 shares of the software maker’s stock valued at $209,335,000 after purchasing an additional 97,469 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

About HubSpot

HubSpot, Inc is a software company that develops a cloud-based customer relationship management (CRM) platform designed to help organizations attract, engage and delight customers. Its primary business activities center on providing integrated marketing, sales and customer service tools that support inbound marketing strategies, content management, lead nurturing, sales automation and customer support workflows.

The company’s product suite is organized around modular “hubs” built on a central CRM: Marketing Hub, Sales Hub, Service Hub, CMS Hub and Operations Hub.